T CONCEPT
ActiveSummary
T CONCEPT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,381 and a net result of -€26,145. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 19% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-34
Solvency42▼-5
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.25 in 2024; short-term debt: 30.8% and cash: 0.3% of total assets), and 82.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.2%
Return on assets
-6.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 17123 sector peers (2025).
NBB · sector comparisonPosition among 17123 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
61 d late
2023
64 d late
2022
142 d late
2021
27 d early
2020
31 d late
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€225,894
EBIT margin
15.7%
Net result
-€26,145
2024 · €9,303
Working capital
-€104,307▼ 42.4%
2024 · -€73,272
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€225,894
Operating result€35,468▼ 4.5%€2,111▼ 94.0%€4,312▲ 104%€27,291▲ 533%-€16,800
Net result€16,828▼ 7.5%-€11,367-€9,568▲ 15.8%€9,303-€26,145
EBIT margin15.7%
Equity€115,631▲ 14.6%€102,146▼ 11.7%€90,460▼ 11.4%€97,645▲ 7.9%€69,381▼ 28.9%
Total assets€523,491▼ 3.1%€495,877▼ 5.3%€444,680▼ 10.3%€434,379▼ 2.3%€403,862▼ 7.0%
Debt€402,859▼ 7.3%€393,731▼ 2.3%€354,220▼ 10.0%€336,734▼ 4.9%€334,481▼ 0.7%
Working capital-€66,671▼ 2.0%-€84,396▼ 26.6%-€92,125▼ 9.2%-€73,272▲ 20.5%-€104,307▼ 42.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16,800 after €27,291 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €403,862
Fixed assets
€383,706 ▼ 6.4%
Current assets
€20,156 ▼ 17.6%
Equity and liabilities €403,862
Equity
€69,381 ▼ 28.9%
Debt
€334,481 ▼ 0.7%
Debt's share of the balance-sheet total rises from 77.5% to 82.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10,437▼
2024 · €55,886
Cash flow
€1,092▼
2024 · €37,898
Current ratio
0.16▼
2024 · 0.25
Debt to equity
4.82▲
2024 · 3.45
ROE
-37.7%▼
2024 · 9.5%
ROA
-6.5%▼
2024 · 2.1%
Interest coverage
0.90▼
2024 · 3.71
Debt ≤ 1 year
€124,463▲
2024 · €97,724
Debt > 1 year
€210,018▼
2024 · €238,069
Income taxes
€360▼
2024 · €5,023
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €225,894 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €161,491 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €9,136 | €23,158 | €18,712 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,911 | €29,952 | €29,312 | €28,595 | €27,237 | ▼ 4.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€5,000 | - | - | - | - |
| Other operating charges640/8 | €2,693 | €3,850 | €4,477 | €4,328 | €2,309 | ▼ 46.7% |
| Non-recurring operating charges66A | €331 | €658 | €1,039 | €3,681 | €429 | ▼ 88.3% |
| Gross operating margin9900 | €64,403 | €40,708 | €62,299 | €82,606 | €13,174 | ▼ 84.1% |
| Operating profit (loss)9901 | €35,468 | €2,111 | €4,312 | €27,291 | -€16,800 | ▼ 162% |
| Financial income75/76B | €2,194 | €2,119 | €2,154 | €2,119 | €2,565 | ▲ 21.1% |
| Recurring financial income75 | €2,194 | €2,119 | €2,154 | €2,119 | €2,565 | ▲ 21.1% |
| Financial charges65/66B | €15,546 | €15,276 | €15,639 | €15,083 | €11,550 | ▼ 23.4% |
| Recurring financial charges65 | €15,546 | €15,276 | €15,639 | €15,083 | €11,550 | ▼ 23.4% |
| Profit (loss) for the period before taxes9903 | €22,116 | -€11,045 | -€9,173 | €14,327 | -€25,785 | ▼ 280% |
| Income taxes67/77 | €5,288 | €322 | €395 | €5,023 | €360 | ▼ 92.8% |
| Profit (loss) for the period9904 | €16,828 | -€11,367 | -€9,568 | €9,303 | -€26,145 | ▼ 381% |
| Profit (loss) for the period to be appropriated9905 | €16,828 | -€11,367 | -€9,568 | €9,303 | -€26,145 | ▼ 381% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €523,491 | €495,877 | €444,680 | €434,379 | €403,862 | ▼ 7.0% |
| Fixed assets21/28 | €490,692 | €463,790 | €434,428 | €409,928 | €383,706 | ▼ 6.4% |
| Tangible fixed assets22/27 | €490,002 | €463,100 | €433,788 | €409,288 | €383,066 | ▼ 6.4% |
| Land and buildings22 | €451,610 | €432,704 | €413,799 | €394,893 | €375,988 | ▼ 4.8% |
| Plant, machinery and equipment23 | €10,357 | €9,910 | €6,315 | €2,781 | €70 | ▼ 97.5% |
| Furniture and vehicles24 | €28,036 | €20,486 | €13,674 | €11,613 | €7,008 | ▼ 39.7% |
| Financial fixed assets28 | €690 | €690 | €640 | €640 | €640 | = |
| Current assets29/58 | €32,798 | €32,087 | €10,252 | €24,452 | €20,156 | ▼ 17.6% |
| Amounts receivable within one year40/41 | €27,319 | €22,503 | €3,502 | €16,111 | €13,919 | ▼ 13.6% |
| Trade receivables40 | €27,316 | €15,725 | €1,366 | €14,829 | €1,576 | ▼ 89.4% |
| Other amounts receivable41 | €3 | €6,778 | €2,136 | €1,282 | €12,344 | ▲ 863% |
| Current investments50/53 | €207 | €207 | €207 | €207 | €207 | = |
| Cash at bank and in hand54/58 | €1,442 | €4,349 | €2,546 | €3,939 | €1,204 | ▼ 69.4% |
| Deferred charges and accrued income490/1 | €3,830 | €5,028 | €3,997 | €4,195 | €4,826 | ▲ 15.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €523,491 | €495,877 | €444,680 | €434,379 | €403,862 | ▼ 7.0% |
| Equity10/15 | €115,631 | €102,146 | €90,460 | €97,645 | €69,381 | ▼ 28.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €21,860 | €21,860 | €21,860 | €29,360 | €29,360 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €20,000 | €20,000 | €20,000 | €27,500 | €27,500 | = |
| Profit (loss) carried forward14 | €32,801 | €21,434 | €11,867 | €13,670 | -€12,475 | ▼ 191% |
| Investment grants15 | €42,370 | €40,252 | €38,133 | €36,015 | €33,896 | ▼ 5.9% |
| Provisions and deferred taxes16 | €5,000 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €5,000 | - | - | - | - | - |
| Major repairs and maintenance162 | €5,000 | - | - | - | - | - |
| Amounts payable17/49 | €402,859 | €393,731 | €354,220 | €336,734 | €334,481 | ▼ 0.7% |
| Amounts payable after more than one year17 | €303,389 | €277,248 | €251,842 | €238,069 | €210,018 | ▼ 11.8% |
| Financial debts170/4 | €303,389 | €277,248 | €251,842 | €238,069 | €210,018 | ▼ 11.8% |
| Amounts payable within one year42/48 | €99,470 | €116,484 | €102,378 | €97,724 | €124,463 | ▲ 27.4% |
| Current portion of amounts payable after more than one year42 | €23,310 | €26,142 | €25,405 | €31,465 | €28,051 | ▼ 10.8% |
| Trade debts44 | €9,967 | €8,891 | €5,531 | €8,164 | €59,750 | ▲ 632% |
| Suppliers440/4 | €9,967 | €8,891 | €5,531 | €8,164 | €59,750 | ▲ 632% |
| Taxes, remuneration and social security45 | €26,059 | €30,668 | €28,604 | €25,985 | €19,707 | ▼ 24.2% |
| Taxes450/3 | €10,915 | €13,683 | €10,881 | €10,123 | €5,055 | ▼ 50.1% |
| Remuneration and social security454/9 | €15,144 | €16,985 | €17,724 | €15,862 | €14,652 | ▼ 7.6% |
| Other amounts payable47/48 | €40,133 | €50,783 | €42,837 | €32,110 | €16,955 | ▼ 47.2% |
| Accrued charges and deferred income492/3 | - | - | - | €942 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,828 | -€11,367 | -€9,568 | €9,303 | -€26,145 | ▼ 381% |
| + Depreciation and write-downs630 | €25,911 | €29,952 | €29,312 | €28,595 | €27,237 | ▼ 4.7% |
| Operating cash flow (approximation) | €42,739 | €18,585 | €19,745 | €37,898 | €1,092 | ▼ 97.1% |
| Investment in fixed assets (approximation) | - | -€3,050 | €50 | -€4,095 | -€1,016 | ▲ 75.2% |
| Change in cash | - | €2,907 | -€1,803 | €1,393 | -€2,735 | ▼ 296% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Weakest financial yearnet -€26,145
Net result drops to -€26,145, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €9,303
Net result €9,303 after 2 loss-making years.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €18,197 ▲47%
Operating result €37,150, net result €18,197, both a record.
31-12
Financial
Equity above €100,000Eq €100,921 ▲19%
2 profitable years in a row build equity to €100,921.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €12,381
Net result €12,381 after one loss-making year.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Couvin · 2 establishment units since 2006
Ground area
1.7 ha
Building footprint
441 m²
Volume, LiDAR
4,244 m³
2 parcels, Wallonia · tallest building 21.6 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
T CONCEPT
since 20062.153.594.592
T Concept sprl
since 20202.306.613.478
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52071C0199/00D000 | Wallonia | 1.7 ha | 1 · 296 m² | 21.6 m · 5 fl. |
| 93014F0126/00D000 | Wallonia | 317 m² | 1 · 145 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SAVOR
BE 0764.703.062
Ternat · Eq €69,392
ICTLAB
BE 0786.829.158
Schaarbeek · Eq €69,368
PRIMIS MISSIONIS CONSULTANCY
BE 0801.607.208
Beveren-Kruibeke-Zwijndrecht · Eq €69,396
HULI
BE 0692.517.246
Sint-Katelijne-Waver · Eq €69,366
Arne De Geeter
BE 0805.422.078
Wingene · Eq €69,399
Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,531 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-04-2006
Fiscal year end31-12
Activities, NACEBEL 2025
58110Book publishing
62200Computer consultancy and computer facilities management
47784Retail sale of souvenirs and religious articles
47789Other retail sale of new goods
47791Retail sale of antiques
58130Publishing activities
59203Motion picture, video and television programme production, sound recording and music publishing activities
Contact
E-mail
tbilot@gmail.comFleurus
Phone
+32497432888Fleurus
E-invoicing
Reachable via Peppol
Peppol ID
0208:0880986959
Registered
16-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.